All of the pre-79 stuff was rear sump I believe, delfinitely the early seventies stuff, Ford went to the double sump pan when they started using a k-member and rack & pinion.
Ever thought of using a 350 olds motor? got and excellent bore to stroke ratio (crappy blocks from what I understand, but I'm guessing they are certainly comparable to the 5.0 block in terms of strength), however you'll be bucks ahead by using the 5.0 and the envy of GM guys everywhere :
Oh father Frankenstien grant me the resources to build a windsor powered 67 nova one of these days!
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2002 5M GT (99% stock)
1991 5M LX (30% stock)
patiently awaiting my satin silver 07 Mach 1, and don't forget the shaker
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